We are new to property investing and naively jumped right in with three multifamily properties. We’ve had them since April ‘21 & we are carrying the mortgage on all three as they do not pay for themselves. We’ve h...
Southern California newbie looking for cashflow, specifically in multifamily deals in the Midwest (I've been browsing Ohio, Missouri, Indiana, and Kansas).Although new, I feel drawn to multifamilies >5 units. I hav...
Picked up a four-plex for my first hold. It's pretty rough, C neighborhood at best. Two lower units wrecked, one vacant one occupied. Two upper units are perfect with great tenants.
So, tenants in unit 1 are selling...
Hi everyone,
I've been looking for properties for months and am still having trouble finding properties that cash flow. I'm aware that with high interest rates and the crazy rates of appreciation we've experienced wi...
I was driving by one of my properties when I noticed my tenant had a pit bull in her unit of the duplex (spring valley CA). The duplex has a no pet policy.
My property manager gave her a 30 day notice to cure...
Current eviction moratoriums are set to expire on 12/31/2020 - 01/01/2021.
What do you expect to happen after the moratoriums are lifted (burdening consumer debt, an abnormal amount of evictions, payments will resume...
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Hello Bigger Pockets,I wanted to start a thread (and hopefully add to it as the years go by) on ways that I've learned over the years to establish and maintain high productivity. There's a LOT to know and do in this ...
I recently made an offer on a duplex, it's 4bed 3bath front unit + 2bed 2bath rear unitcurrently rear unit is rented for below market price at $930, market is around $1100-1200, rear unit is in very good condition and...
I am renting my house for the first time and held an open house today. I received a very positive response with 7 applicants which is slightly overwhelming to say the least. I have it narrowed down to three but am in...